Growth in LNG Imports Will Hinder The Development of the US Gas Shale Sector

London, United Kingdom (PressExposure) December 04, 2009 -- Various clean energy policy initiatives have been making the US more dependent on natural gas. Apart from pipelined natural gas, LNG and gas shales are also emerging as major gas sources for the US. While LNG as an industry has been growing since the late 1960s, the gas shale sector has also gained significance since the late 1990s due to increasing gas demand in the US and technological developments to extract non-conventional natural gas.

It is estimated that the US gas shale reserves are around 1,836 trillion cubic feet and if adequately exploited can help the country to be self-sufficient in natural gas. However, investments in the gas shale sector depends on gas price in the US, which in turn depends on domestic gas production and gas imports through pipelines from Canada and LNG imports across the globe. Increased gas supply for any or all these factors may lead to a decline in investment in the gas shale sector, an important source to meet the rising natural gas demand in the US.

This analysis was taken from a research paper published by GlobalData, to download the full Research Paper for free, click below:

Access the latest LNG analysis for free at


ResearchViews is your number one portal for industry related news, research, analysis and deals data. ResearchViews offers up to the minute content produced by an expert team of industry analysts.

All content on the site is free to view and allows users to keep up to date with the latest developments in their chosen industry. Free daily and weekly newsletters provide a snapshot of the major issues affecting the industry. The site also features a research store, providing the user with access to premium business intelligence from some of the world's leading market research publishers.

About GlobalData

GlobalData is a global market intelligence services company providing information research and analysis products and services.

Press Release Source:

Press Release Submitted On: December 04, 2009 at 12:01 am
This article has been viewed 15216 time(s).